Liberum Capital reissued their buy rating on shares of Balfour Beatty (LON:BBY) in a report released on Tuesday.
BBY has been the subject of several other research reports. UBS Group upped their price objective on Balfour Beatty from GBX 330 ($4.31) to GBX 355 ($4.64) and gave the company a buy rating in a research note on Thursday, August 16th. Berenberg Bank upped their price objective on Balfour Beatty from GBX 350 ($4.57) to GBX 360 ($4.70) and gave the company a buy rating in a research note on Wednesday, August 15th. Numis Securities reaffirmed a buy rating on shares of Balfour Beatty in a research note on Wednesday, August 15th. Finally, Peel Hunt reaffirmed a buy rating and issued a GBX 350 ($4.57) price objective on shares of Balfour Beatty in a research note on Wednesday, August 15th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of Buy and an average price target of GBX 345.83 ($4.52).
Balfour Beatty stock opened at GBX 236 ($3.08) on Tuesday. Balfour Beatty has a 1 year low of GBX 252.50 ($3.30) and a 1 year high of GBX 311.70 ($4.07).
About Balfour Beatty
Balfour Beatty plc finances, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through Construction Services, Support Services, and Infrastructure Investments segments. The Construction Services segment provides civil engineering, building, ground engineering, mechanical and electrical installation, refurbishment and fit-out, and rail engineering services.
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